Erste Group Bank Lowers Earnings Estimates for Iberdrola

Iberdrola S.A. (OTCMKTS:IBDRY) – Stock analysts at Erste Group Bank dropped their FY2026 earnings per share estimates for Iberdrola in a research report issued on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now anticipates that the utilities provider will post earnings per share of $4.60 for the year, down from their previous forecast of $4.61. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Iberdrola’s current full-year earnings is $4.59 per share. Erste Group Bank also issued estimates for Iberdrola’s FY2027 earnings at $4.87 EPS.

Iberdrola (OTCMKTS:IBDRY) last posted its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.04). The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.62 billion. Iberdrola had a return on equity of 9.88% and a net margin of 13.40%.

Several other brokerages have also weighed in on IBDRY. Citigroup upgraded shares of Iberdrola to a “hold” rating in a research report on Friday, June 26th. Barclays raised shares of Iberdrola from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Iberdrola currently has an average rating of “Hold”.

Iberdrola Trading Down 0.2%

Shares of IBDRY stock opened at $99.90 on Wednesday. The firm has a fifty day moving average of $93.24 and a 200-day moving average of $91.15. The stock has a market cap of $168.78 billion, a price-to-earnings ratio of 24.61, a P/E/G ratio of 2.54 and a beta of 0.64. Iberdrola has a 52-week low of $69.66 and a 52-week high of $100.64. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.78 and a current ratio of 0.87.

Iberdrola Company Profile

Iberdrola, SA is a Spanish multinational electric utility headquartered in Bilbao that develops, produces and supplies electricity and related energy services. The company’s core activities span electricity generation across a diverse mix of assets, transmission and distribution network ownership and operation, and retail supply to residential, commercial and industrial customers. Iberdrola also offers energy management and digital solutions aimed at improving efficiency and integrating distributed and renewable resources.

Renewable energy is a central focus of Iberdrola’s business strategy, with significant investments in wind (onshore and offshore), hydroelectric and solar power and in the modernization of grids to accommodate increasing shares of intermittent generation.